Robert E. Hull Sells 10,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert E. Hull sold 10,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares in the company, valued at $2,996,072. This represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $17.50 on Wednesday. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of -11.08 and a beta of 0.93. The business has a 50 day simple moving average of $17.74 and a 200 day simple moving average of $17.53. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.09%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -78.48%.

Institutional Investors Weigh In On Healthcare Realty Trust

Several institutional investors and hedge funds have recently modified their holdings of HR. Allspring Global Investments Holdings LLC lifted its stake in shares of Healthcare Realty Trust by 38.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 628 shares during the last quarter. Signaturefd LLC lifted its position in Healthcare Realty Trust by 3.4% during the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after acquiring an additional 823 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Healthcare Realty Trust by 1.1% during the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock valued at $1,345,000 after acquiring an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in shares of Healthcare Realty Trust by 1.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock valued at $1,098,000 after purchasing an additional 929 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of Healthcare Realty Trust by 3.6% in the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock worth $551,000 after purchasing an additional 1,062 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company restated an “underweight” rating and set a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $17.17.

Healthcare Realty Trust Company Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.